An investment fund for financing small businesses in Central America, co-financed with Norfund, a Norwegian government development finance organization. Together, MIF and Norfund structured the proposal and selected the LAFISE group as fund manager, a highly regarded, diversified financial group, which has a regional network of offices throughout Central America. The project will support up to 20 growing businesses in Central America, which are changing in response to the growing opportunities in the region, resulting from the processes of reform underway.
Project Detail
Country
Regional
Project Number
TC9810351
Approval Date
November 10, 1999
Project Status
Closed
Project Type
Equity
Sector
-
Subsector
-
Lending Instrument
Instrumento del Fondo Multilateral de Inversiones
Lending Instrument Code
MIF
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 5,000,000.00
Country Counterpart Financing
USD 0.00
Original Amount Approved
USD 5,000,000.00